UK - Standard Life is limiting the amount of bulk annuity buyout business it takes on over fears of improved mortality rates.
The insurer will now only accept bulk buyouts of pension liabilities if the scheme’s sponsor has an existing relationship with the firm or if it is willing to take on a new policy on the back of th...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
